Home” Meme Coins” Binance Futures notes CHILLGUY as market cap strikes $600M
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Nov. 27, 2024
The token is based upon the popular “Chill guy” meme developed by Phillip Banks.
Secret Takeaways
- Binance noted the meme coin CHILLGUY as its market cap reached $600 million.
- CHILLGUY's worth rose by 80% over the week amidst viral impact and trading activity.
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Binance revealed Wednesday it would note TikTok-inspired meme coin CHILLGUY and Morpho financing procedure' s MORPHO on its futures market. The listing followed CHILLGUY struck $600 in market cap within 2 weeks of launch.
CoinGecko information reveals that CHILLGUY' s worth has actually increased around 7%over the previous 24 hours, while extending its weekly gains to 80%.
The token reached a brand-new high of $0.65 in early trading today however has actually experienced a pullback, presently trading at roughly $0.53.
Source: CoinGecko
Since the most recent market information, the token' s market cap sits at around $534 million, surpassing popular meme coins Turbo (TURBO) and Moodeng (MOODENG). It' s on track to go beyond Book of Meme (BOME) in the meme coin market rank.
While numerous meme tokens experience significant rate boosts upon being noted on Binance, CHILLGUY' s rally was fairly quick. The token' s rate skyrocketed 13% to $0.62 however has actually given that decreased to listed below $0.6.
MORPHO, on the other hand, leapt over 40% following Binance noting news. The rise increases its everyday gains to 80%, per CoinGecko information.
What is CHILLGUY?
The CHILLGUY token draws its motivation from the ‘ Chill Guy character, a viral digital art work and meme produced by artist Phillip Banks.
The meme resonates with audiences for its relatable representation of an easygoing mindset. The character is portrayed as an anthropomorphic brown canine using a grey sweatshirt, blue denims, and red tennis shoes, defined by an unwinded laugh and hands in pockets.
Nayib Bukele, the President of El Salvador and a Bitcoin supporter, just recently shared a tweet including the Chill Guy meme, which led to a rise in the worth of the CHILLGUY token. The cost of the CHILLGUY token increased by 65% within simply 90 minutes following his tweet.
— Nayib Bukele (@nayibbukele) November 21, 2024
Banks is not content with his art work' s unapproved usage in crypto jobs. He has actually specified that he does not back any crypto efforts including his work.
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